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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (58176)12/1/1998 11:24:00 AM
From: HairBall  Respond to of 58727
 
donald: Sorry, you had to wait so long for that info.

Thanks, but I was on the phone before your request to get that info.

Looks like David P. may get the retest of 1192.

Net stocks leery of the Market bounce, not following yet!

Note: Big Cumulative Tick divergence between NYSE and NASDAQ.

Regards,
LG



To: donald sew who wrote (58176)12/1/1998 11:27:00 AM
From: HairBall  Read Replies (2) | Respond to of 58727
 
donald: If the Market reverses, especially if 9K fails, I will be looking for short ops most likely in the "internut" sector!

EDIT: Maybe sooner if looks like David P.'s retest fails early.

Regards,
LG



To: donald sew who wrote (58176)12/1/1998 11:56:00 AM
From: Wildstar  Read Replies (1) | Respond to of 58727
 
Donald,
Back when the market corrected in Aug, I remember you talking about a rule that if the NEW LOWS > NEW HIGHS within x number of days (maybe 5?) of a major market high, it historically signaled a major correction.

Do you remember the rule and could today be such an occasion since NEWLOWS>NEWHIGHS as of now and the market high was set 4-5 days ago?



To: donald sew who wrote (58176)12/1/1998 2:01:00 PM
From: HairBall  Read Replies (1) | Respond to of 58727
 
donald: What do you make of the NYSE and NASDAQ Cumulative Tick divergence?

Regards,
LG